Construction UK Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
10/06/2016

Construction Output Increases By 2.5% In April

Construction News Image
New figures have revealed construction output rose by 2.5% in April compared to March.

Data from the Office of National Statistics (ONS) reveals despite fears of a slowdown in the industry due to the EU referendum, all new work increased by 2.9%.

However, despite indications of growth, output was 3.7% down when compared to April 2015.

In addition, the underlying pattern as suggested by the 3 month on 3 month movement in output fell by 2.1%.

New order figures for the first quarter were also estimated to have decreased 1.2% compared to last years fourth quarter, while this figure was also lower than output orders in Q1 2015 (1.2%).

-- Advertisement --
hss

Professor Noble Francis, Economics Director at the Construction Products Association, said while the figures were encouraging, progress on new orders could be offset in the second half of 2016 once the EU vote is finished.

"Today's output figures are, of course, encouraging, but what is of greater interest are the 'forward-looking' new orders, which fell 1.2% in Q1. This was likely led by a 17% drop in the private housing sector for Q1 versus Q4, though orders in this sector remained up 18% versus a year ago.

"Other data from across the sector show that private house building activity is already improving. Still more encouraging is that new orders in the infrastructure sector continue to go from strength-to-strength, up 27% in Q1 versus Q4 and up 16% versus a year ago. As we've highlighted in our own forecasts, this sector looks set to lead activity for the wider industry over near-term.

"The underlying fundamentals for the construction sector remain strong, so the modest fall in new orders may reflect a slight impact from uncertainty around the EU Referendum.

"We would also expect new orders in Q2 to suffer a greater impact from this same uncertainty; however, this could all be offset in the second half of the year once the vote is out of the way."

(LM)

Latest Construction News

21/11/2024

Europe's leading online cleanroom consumables supplier, Cleanroomshop, has recently launched a brand-new website, giving its users an improved user experience. The new website continues to offer over 2,000 products from more than 40 brands, whilst incorporating a new look and more efficient ...
21/11/2024

At Ecomerchant, we offer a carefully curated selection of sustainable weatherproofing solutions, including natural lime renders, mineral finishes, and vapour-open waterproofing materials. They help prevent structural damage while ensuring your building can breathe naturally. Our eco-friendly ...
20/11/2024

Construction firm Willmott Dixon has partnered with Westminster City Council on a £36 million project to restore the historic Seymour Centre in Marylebone, a Grade II listed building dating back to the 1930s. The project, procured through the SCF framework, will see the three-storey centre undergo ...
20/11/2024

The Hill Group has commenced work on a new development in Billericay, Essex, which will deliver 179 high-quality homes across a 20-acre site. Designed to blend with Billericay's scenic countryside while addressing the pressing demand for sustainable housing, the project is located on Kennel Lane ...
20/11/2024

Extensive groundwork is underway for a new housing development in Maidstone, where Vistry Group, in partnership with Legal & General Affordable Homes, is set to build 272 properties on the site of the former Tovil Quarry off Farleigh Hill. The project will include 37 affordable homes for low-cost ...
20/11/2024

Stonewater has scooped a new energy efficiency retrofit contract with compliance and energy services provider Correct Contract Services. This work, funded through the Social Housing Decarbonisation Fund (SHDF) Wave 2, will include a range of energy-saving upgrades. Measures such as loft ...
20/11/2024

Kier has been appointed by Cambridgeshire County Council to deliver building, mechanical, and electrical maintenance services across the Council's portfolio of 160 corporate buildings. The contract, which began in November 2024, will run until 2027, with the possibility of two one-year extensions ...
20/11/2024

Builders use water for various functions on the job, they utilise this resource for worker hygiene, hydration, concrete batching, grouting, dust suppression, drilling and piling. If companies mismanage this water use, they can increase their environmental impact. When the industry comes ...
20/11/2024

Edmond Shipway has been appointed to a pioneering initiative tackling homelessness in Greater Manchester, providing project management and cost consultancy services on the second phase of Embassy Village. Set to deliver 40 purpose-built homes for men facing homelessness in Manchester, Embassy ...
20/11/2024

West Sussex County Council is inviting residents to share their views on proposed transport improvements at the Hazelwick and Tushmore junctions on the A2011 Crawley Avenue. The proposals aim to make walking, cycling, and public transport more appealing for short journeys. This initiative is part ...
T & D Glazing And Installation LimitedBRICOFLOR UKLakeside HireStuart CanvasEfco UK LtdAqua Direct LtdThink Construction Skills Ltd.Merlin Repair Specialists LtdLorryLoader Training LtdBuilding Plastics Centre Ltd
Terms and Conditions
2024/11/21 11:59:02